Here is your Morning News Rundown for Wednesday, Jan. 21:

Bank of Canada shocks markets with cut in key interest rate – CBC

Economist sees signs of of market correction in Calgary housing sales data – Calgary Herald

Attainable Homes Calgary expands product offering – Calgary Herald

Planned highrise will bring 221 rental units to East Village – Calgary Herald

Calgary’s East Village prepares for residents to move in by mid-2015 – Metro Calgary